Cargojet (OTCMKTS:CGJTF) Shares Gap Down – Here’s What Happened

Cargojet Inc. (OTCMKTS:CGJTFGet Free Report) shares gapped down before the market opened on Friday . The stock had previously closed at $65.91, but opened at $63.76. Cargojet shares last traded at $64.03, with a volume of 115 shares.

Cargojet Stock Down 0.9%

The firm has a fifty day moving average of $56.76 and a two-hundred day moving average of $65.46.

Cargojet Company Profile

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Cargojet Inc is a Canadian-based air cargo carrier specializing in time-sensitive freight transportation. The company operates scheduled and on-demand cargo services throughout Canada and into international markets, providing next-flight-out and overnight delivery for a broad range of shippers. Cargojet’s fleet—anchored by Boeing 767-300ER freighters—is configured to handle standard palletized freight as well as specialized shipments such as temperature-controlled pharmaceuticals and high-value electronics.

Headquartered in Mississauga, Ontario, Cargojet serves major Canadian gateways including Toronto, Vancouver and Montreal, and extends its network into the United States, the Caribbean and select Latin American destinations.

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